Assess decline curve analysis against the emissions and efficiency targets the organisation has committed to.
Decline Curve Analysis and Forecasting Field Life
A practical programme in decline curve analysis for professionals who are accountable for results, not just awareness.
Course Overview
Assets involved in decline curve analysis routinely outlive the engineers who commissioned them. Price volatility does not excuse weak discipline in this aspect of energy and hydrocarbon operations — it punishes it. Organisations that document this area of energy and hydrocarbon operations properly resolve disputes about it far more quickly. The programme is built to be used, and every section of decline curve analysis it covers ends in something applicable. Participants who influence the energy and hydrocarbon operations discipline without directly controlling it will find the content directly usable. The result is the confidence to make and defend decisions about this area of energy and hydrocarbon operations under scrutiny. Discussion is anchored to worked examples of decline curve analysis rather than to abstract argument. Moving this strand of energy and hydrocarbon operations from written policy into daily practice is not achieved by a single decision. The final session converts the week's work on the energy and hydrocarbon operations capability into commitments with owners and dates.
Expected Learning Outcomes
Present the case for investment in decline curve analysis in terms that a finance function will accept.
Design permit and isolation controls covering the work involved in decline curve analysis.
Define the escalation path for abnormal conditions detected in decline curve analysis.
Compare the organisation's handling of decline curve analysis with recognised practice, and close the material gaps.
Set acceptance criteria for decline curve analysis before work begins rather than after.
Integrate decline curve analysis with the wider process safety management system.
Who Should Attend
Maintenance and reliability engineers supporting decline curve analysis.
Process safety and technical safety specialists reviewing decline curve analysis.
Contract and procurement staff supporting decline curve analysis.
Operations and production engineers responsible for decline curve analysis.
Department heads accountable for the results of decline curve analysis.
Public sector officials applying decline curve analysis within a regulated framework.
Course Modules
Decline curve analysis: process safety, permits and isolation
2 sessions · 8 pointsSession 1Moving decline curve analysis from approval to execution
- Record the technical rationale for the chosen approach to decline curve analysis.
- Identify the failure modes of decline curve analysis with the highest consequence.
- Define the safe operating envelope for decline curve analysis and how deviations are detected.
- Build the competence framework that supports decline curve analysis.
Session 2Deciding between life extension and replacement for decline curve analysis
- Close out actions on decline curve analysis rather than leaving them open indefinitely.
- Confirm handover documentation for decline curve analysis is complete and current.
- Confirm contractor competence records for anyone working on decline curve analysis.
- Check that the permit regime covering decline curve analysis matches the actual hazard.
Decline curve analysis: economics, price exposure and investment case
2 sessions · 8 pointsSession 1The cost of decline curve analysis and how to present it
- Anticipate the objections decline curve analysis will raise and prepare the answers.
- Verify emergency response arrangements cover the scenarios decline curve analysis can create.
- Establish what evidence demonstrates decline curve analysis is under control.
- Establish the alarm philosophy applying to decline curve analysis and remove nuisance alarms.
Session 2Getting other functions to support decline curve analysis
- Confirm that reporting on decline curve analysis reaches the people who can act.
- Check that management of change is applied to every modification of decline curve analysis.
- Define the trigger that would require decline curve analysis to be redesigned.
- Review incident and near-miss history involving decline curve analysis.
Decline curve analysis: technical fundamentals and operating envelope
2 sessions · 8 pointsSession 1Building the investment case for decline curve analysis that finance will accept
- Rehearse the briefing on decline curve analysis that would follow an incident.
- Plan the decline curve analysis scope so it fits the available shutdown window.
- Set out how exceptions to decline curve analysis are requested and approved.
- Compare the cost of decline curve analysis with the cost of its absence.
Session 2What the last incident involving decline curve analysis should have taught us
- Estimate the resource decline curve analysis requires to run as designed.
- Name a single owner for each element of decline curve analysis.
- Review the instrumentation on decline curve analysis for coverage gaps.
- Decide what will be stopped to create capacity for decline curve analysis.
Decline curve analysis: environmental obligation and emissions
2 sessions · 8 pointsSession 1The environmental exposure created by decline curve analysis
- Identify the data already collected that bears on decline curve analysis.
- Verify isolation points for decline curve analysis are proven and documented.
- Review whether decline curve analysis is aligned with the objectives of the operating asset.
- Estimate the production loss associated with unplanned downtime of decline curve analysis.
Session 2Fitting decline curve analysis into the shutdown plan without extending it
- Set the trigger for a life-extension versus replacement study on decline curve analysis.
- Establish the boundary of decline curve analysis and record what sits outside it.
- Test the procedure for decline curve analysis against a realistic scenario.
- Confirm that lessons from decline curve analysis are shared beyond the team that learned them.
Choose the package that suits you
Silver Package
At least 3 people
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.